Future Trend Analysis Report
Prepared for you on Wednesday, August 4, 2021.
EURO/CANADIAN $ Sep 2021 (CME:ECD.U21)
Long-Term Uptrend (+90) - ECD.U21 is in a strong uptrend that is likely to continue. While ECD.U21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ECD.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ECD.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ECD.U21
The long-term trend has been UP since Jul 8th, 2021 at 1.4844
The intermediate-term trend has been UP since Jul 8th, 2021 at 1.4840
The short-term trend has been UP since Aug 3rd, 2021 at 1.4857
Smart Scan Analysis for ECD.U21
Based on our trend formula, ECD.U21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).